China to issue 24 bln yuan book-entry T-bonds

China's Ministry of Finance is going to invite a bid for 24 billion yuan book-entry treasury bonds on October 14.

According to the Ministry, the bonds, with a term of 30 years, will be issued from October 15 to 19.

The interest of the bonds will be calculated on October 15 and become tradable on October 21 and will be paid every 6 months on April 15 and October 15 of each year. Principal and the installment of interest will be paid on October 15 in 2039.

By People's Daily Online